28 Apr '17, 7pm

$1,300 and Counting: What's Next For Bitcoin Prices?

$1,300 and Counting: What's Next For Bitcoin Prices?

The price of bitcoin is once again trading near an all-time high. After about a month of uncertainty following the rejection of a major investment vehicle, bitcoin prices reached $1,343.59, a new all-time high on the CoinDesk Bitcoin Price Index on Thursday, breaking the previous record of $1,325.81, set in March. Yet, even after this modest pullback, analysts are predicting bitcoin prices will continue their steady, upward climb, pointing to factors such as technical progress in the wider cryptocurrency space as well as the growing use of bitcoin in emerging markets as factors pushing its price higher. But with the price of bitcoin up 200% year-over-year, many are now asking where the digital asset will trade going forward. Analysts largely agreed it's up. When identifying bitcoin's psychological price level, more than one pointed to $1,500, though there was far from an e...

Full article: http://www.coindesk.com/1300-counting-whats-next-bitcoin-...

Tweets

Bitcoin and Ether prices hit all-time high

techcrunch.com 28 Apr '17, 8pm

Something is going on in the cryptocurrency world, but it’s hard to figure out why prices are jumping. Both bitcoin and Et...

Bitcoin and Ether prices hit all-time high

techcrunch.com 28 Apr '17, 4pm

Something is going on in the cryptocurrency world, but it’s hard to figure out why prices are jumping. Both bitcoin and Et...

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